Commercial State Bank in Sinton, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 2007

  • Commercial State Bank in Sinton, Texas (TX)
  • Show street view No street view available for this location

Commercial State Bank - Overview

  • General
  • FDIC Certificate #: 1217
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: International Bank of Commerce (#19629)
    Federal Reserve ID: 405061
    Date Established: Febuary 01, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 835
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 16, 2007
    Last Structure Change Process Date: March 28, 2007
    Last Data Update: March 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 West Sinton Street, Sinton, TX 78387
    County: San Patricio
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Corpus Christi, TX (#1880)
    Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
    Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
    CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
  • Financial Summary
  • Total assets: $56.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2006)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $56,778Total assets
  • $26,460Cash and due from depository institutions
  • $23,464Interest-bearing balances
  • $12,464Securities
  • $5,775Federal funds sold & reverse repurchase agreements
  • $11,481Net loans & leases
  • $570Loan loss allowance
  • $0Trading account assets
  • $324Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $274All other assets
  • $56,777Total liabilities and capital
  • $51,766Total liabilities
  • $51,334Total deposits
  • $36,491Interest-bearing deposits
  • $51,334Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $328Other borrowed funds
  • $0Subordinated debt
  • $104All other liabilities
  • $5,011Total equity capital
  • $5,011Total bank equity capital
  • $5,011Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $2,800Undivided profits
  • Memoranda
  • $1,611Noncurrent loans and leases
  • $4,556Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $197Average Assets, year-to-date
  • $53,184Average Assets, quarterly
  • $97Volatile liabilities
  • $55,250Insider loans
  • $55,614FHLB advances
  • $5,297Loans and leases held for sale
  • $926Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,556Total unused commitments
  • $0Restructured Loans and leases
  • $226Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $2,834Total interest income
  • $1,007Total interest expense
  • $1,827Net interest income
  • $4Provision for loan and lease losses
  • $453Total noninterest income
  • $0Fiduciary activities
  • $363Service charges on deposit accounts
  • $0Trading account gains & fees
  • $90Additional noninterest income
  • $1,507Total noninterest expense
  • $806Salaries and employee benefits
  • $125Premises and equipment expense
  • $576Additional noninterest expense
  • $769Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $769Income before extraordinary items
  • $0Extraordinary gains - net
  • $769Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $505Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.43%Yield on earning assets
  • 1.93%Cost of funding earning assets
  • 3.50%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 1.39%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 15.98%Return on equity (ROE)
  • 5.49%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 193.25%Efficiency ratio
  • 66,096Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.67%Loss allowance to loans
  • 4.73%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 22.37%Net loans and leases to core deposits
  • 24.76%Equity capital to assets
  • 8.83%Core capital (leverage) ratio
  • 9.14%Tier 1 risk-based capital ratio
  • 28.50%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $55,250Average earning assets
  • $4,813Average equity
  • $52,167Average loans

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